FOR AUCTION ON TUESDAY OCTOBER 6TH 2015 IN THE HARBOUR HOTEL, THE DOCKS, GALWAY
VIEWING BY APPOINTMENT.
Galway commercial unit on the ground floor with two apartments on the first and second floors. This is a listed building being sold as is and with tenants in place
O Donnellan & Joyce Auctioneers are delighted to offer for sale a mixed commercial/residential investment at Kirwans Lane in Galways City Centre. The property is situated in Kirwans Lane, Cross Street, Galway which is regarded as the very centre of Galway City and in the heart of the citys tourist area connecting with both Quay Street & Cross Street and known locally as the Latin Quarter. The The street is pedestrianised and the property is also within walking distance of Galways main commercial centre of Mainguard Street, High street and Shop street.
The property at No. 3 Kirwans Lane consists of a ground floor commercial unit with overhead residential accommodation comprising of two apartments consisting of 1 studio apartment & 1 two bed apartment. The combined current rental income for the commercial unit & overhead accommodation is €2,875 per month.
The ground floor commercial unit is currently being used as a hairdressers and comprises of a of a double glass doors to fronted entrance, an open plan layout with tiled floor,2 basins & 6 seats, recess lighting, toilet to the rear, Sink to the rear and plumped for washing machine and dryer.
The residential accommodation is comprised of a 1st floor, one bed studio apartment comprising of a bathroom, kitchen and a bedroom and on the 2nd/3rd floor the apartment is comprised of a two bedroom apartment comprising of entrance hall, kitchen, living room, dining room and two bedrooms. This would prove to be a gilt edged investment due to its location and rental potential. Viewing is recommended.
SOLICITOR WITH CARRIAGE OF SALE: Liam Staunton, Liam Staunton & Co., Solicitors, 11 Sea Road, Galway. 091 587 070
Prime Commercial/Residential Investment
Ground floor commercial unit
2 Apartments overhead (1 Studio & 1 Two Bed)
Excellent city centre location
Gilt edged investment opportunity
Retail Unit (Hair Salon)
BER No. 800344228
Energy Performance Indicator: 742.48 kWh/m²/yr
Apartment 8 (1st Floor)
BER No. 107097115
Energy Performance Indicator: 461.25 kWh/m²/yr
Apartment 9 (2nd & 3rd Floor)
BER No. 107097131
Energy Performance Indicator: 264.07 kWh/m²/yr
VIEWING BY APPOINTMENT
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NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O'Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O'Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.
Ground Floor - m x m
GROUND FLOOR (c. 400 sq.ft.) (TENANT NOT AFFECTED) The salon is comprised of double glass doors to fronted entrance, an open plan layout with tiled floor,2 basins & 6 seats, recess lighting, toilet to the rear, Sink to the rear and plumped for washing machine and dryer. Rates: €1750 per year (responsibility of tenants) Full Planning for Usage Cost Effective Lighting in place
Apt 8 (First Floor) - m x m
FIRST FLOOR (c.400 sq.ft.) One studio apartment comprising of open plan kitchen/living/bedroom and a bathroom.
Apt 9 (2nd & 3rd Floor) - m x m
SECOND & THIRD FLOOR (c.700 sq.ft.) Two bedroom duplex apartment comprising of entrance hall, kitchen, living room, dining room and two bedrooms